In 2015, Alterra Home Loans had a growth rate of 100 percent. The firm also has a small servicing portfolio but uses a subservicer to do the processing.

Although commercial banks are making money hand-over-first these days, that doesn’t mean national bank regulators shouldn’t worry.

Recently, several trade groups and community organizations have called on Watt to allow Fannie and Freddie to rebuild their capital buffers ...

“Given the review for possible downgrade, it is unlikely that the company’s ratings will be upgraded,” said Moody’s.

Former New Jersey politician John Leadbeater worked out a plea arrangement with prosecutors.

The CFPB’s TILA/RESPA Integrated Disclosure Rule – dubbed TRID – may have been causing mortgage lenders severe heartburn since it took effect in early October, but you wouldn’t know it by looking at consumer complaints about the mortgage application and origination process. They fell by 9.3 percent during the second quarter, according to a new analysis and ranking by Inside the CFPB – part of a larger drop off that found gripes down by 16.5 percent for the period, and off 4.5 percent year over year. The number of complaints that lenders responded to in a timely manner dropped 16.1 percent quarter over quarter, and 4.3 percent year over year. However, that could be because perhaps lenders/servicers were making more of an effort [With two exclusive charts]...

According to the FHFA, both GSEs already have extensive internal procedures for vetting any business change that could affect prepay speeds…

Recently, rumors were making the rounds in Washington that Fannie and Freddie might be pondering an increase in their net worth minimums for seller/servicers...

In a rare decision, the U.S. Supreme Court last week agreed to hear oral arguments pertaining to an ongoing Fannie Mae foreclosure case dating back to 2002. The case, Crystal Monique Lightfoot v. Fannie Mae, Cendant Mortgage Corp., is based on whether individual homeowners have the right to sue the GSE in the state courts after being wrongly foreclosed on by Fannie. Two homeowners from California involved in a mortgage dispute originally sued Fannie in state court back in 2002. But Fannie said the case should automatically fall under federal jurisdiction and be moved to the U.S. District Court of the Central District of California.

In general, this is not a pretty time for mortgage-related stocks, even though interest rates are at an all-time low.